Pay Gold to Energy Upsize Gold One Time

Gold makes sense right like if i'm a net producer of oil or natural gas i will accept gold but you better don't well believe i'm not accepting paper gold. You'll find real fast that if they if they are accepting gold that there's going to be a lag or some type of adjudication of of melting down the gold. Those are the vulnerabilities those are the setbacks that you have with gold. Maybe for them it makes sense to accept 10 or 20 in bitcoin especially for how asymmetric their return would be and the rest in gold which would then offset that the frequency of turn that they have for gold.

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Preston Pysh is a co-founder of The Investor's Podcast Network and host of Bitcoin Fundamentals. Preston is globally ranked on Amazon as a top 100 business author, and writes about international finance and central banking as a contributor on Forbes. He is the founder of the Pylon Holding Company and a graduate of West Point and Johns Hopkins University. He was an AH-64D attack helicopter pilot and Company Commander with the 101st Airborne during Operation Enduring Freedom and was awarded the Bronze Star Medal.

Follow Preston on Twitter https://twitter.com/PrestonPysh

Luke Gromen is a macroeconomist and founder and president of Forest for the Trees, a research firm he started in 2014 specializing in global macroeconomic, thematic and sector trends. Luke holds a BBA in Finance and Accounting from the University of Cincinnati and received his MBA from Case Western Reserve University. He earned the CFA designation in 2003. He publishes macro updates at @LukeGromenFFTTLLC .

Follow Luke on Twitter https://twitter.com/LukeGromen

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